USDJPY - Buying for the rebound
After checking my monthly chart, (please view my account to see the monthly analysis)
A strong capitulation might happen for the rebound respecting RSI signaling a buy signal. Even though there is a short term sell off, you might reconsider buying on dips.
as the risk -reward ratio is now on favor on buying rather than selling.
Comment below if you agree.
A strong capitulation might happen for the rebound respecting RSI signaling a buy signal. Even though there is a short term sell off, you might reconsider buying on dips.
as the risk -reward ratio is now on favor on buying rather than selling.
Comment below if you agree.
Penafian
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